Org.nr 988 676 241 2022 → 2023 Year-over-year analysis

4CON AS: årsregnskap 2023 vs 2022

Grew 77475% on revenue, stronger earnings

approved 2024-02-08; registry 2024-04-04; journal 2024 344999

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4CON AS. Revenue 1 198 NOK → 929.4k NOK (+77475.1%). Net result +1.20m NOK → +3.11m NOK. Equity 4.39m NOK → 3.70m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4CON AS.

Scorecard

Revenue
1 198 NOK 929.4k NOK
+77475.1%
Operating result
+91.1k NOK -294.1k NOK
-422.8%
Net result
+1.20m NOK +3.11m NOK
+160.2%
Equity
4.39m NOK 3.70m NOK
-15.7%
Cash
2.31m NOK 2.37m NOK
+2.7%
Total assets
4.64m NOK 3.93m NOK
-15.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 198 NOK to 929.4k NOK (+77475.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.20m NOK → +3.11m NOK (net margin 99850.8% → 334.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.31m NOK → 2.37m NOK (+2.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +91.1k NOK → -294.1k NOK (op. margin 7603.6% → -31.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.39m NOK → 3.70m NOK (equity ratio 94.6% → 94.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 122.6k NOK → 1 910 NOK (-98.4% YoY). Calculated